New ARC Advisory Group research on temperature transmitters shows that wireless technologies are increasingly driving the growth of this market. Wireless temperature transmitters offer several advantages, such as reduced wiring costs, easier installation and maintenance, and enhanced flexibility in sensor placement. These benefits are particularly valuable in industrial settings where traditional wired solutions can be costly and complex to implement. Remote asset management using wireless technologies in hard-to-access areas of the oil & gas fields, and chemical and power generation fleets is finding increasing acceptance from end users. As wireless technology makes more points accessible, the usage of field devices will also increase.
"The demand for sensors and instrumentation with greater capabilities is growing to manage processes with increased energy efficiency, safety, and compliance to stringent environmental regulations. New software applications and embedded sensor intelligence are also becoming available to interpret the data from sensors and convert it into actionable information. This will enable a prompt response to potential problems and better insight for improved decision-making. Stricter safety and environmental regulations may require more sophisticated monitoring and control, which can increase the demand for advanced temperature transmitters. Expansion in key industries such as oil and gas, chemicals, and power generation will further increase demand for temperature transmitters,” according to Kiran Chavan, Analyst and key author of ARC's Temperature Transmitters Market Research.
Temperature Transmitters Market Trends
In addition to providing detailed competitive market share data, the research also addresses key market trends as follows:
- Field Device Integration (FDI)
- Suppliers Offering Comprehensive Package
- Device Suppliers Opting for Different Approaches for Offering Attractive Product Portfolios
- Pricing Trend
- Increasingly Stringent Environmental Regulations
- Continued Emphasis on Plant Asset Management (PAM)
- Clamp-On RTDs
- Integrated Assemblies
- Shift Towards Thin Film RTDs
- Ethernet-APL
Leading Suppliers to the Temperature Transmitters Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: ABB, Emerson Automation Solutions, Endress+Hauser, Honeywell, Yokogawa.
About the Temperature Transmitters Research
The Temperature Transmitters research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and three years of historical analysis. The research segmentation includes Industry, Customer Type, World Region, Sales Channel, Revenue Category, Sensor Type, Communication Protocol, Transmission Method, Power Supply, Safety Integrity Level, Mounting Style, Overall Scope, Intelligence, Transmitter Housing Type, Number of Head Mount Input Nodes, Fixture Type.
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